EconomyTop StoriesAnalysts project trouble-ridden Nigeria’s GDP growth of 3.6% in Q1 2025GBO CorrespondentDecember 26, 2024 GBO CorrespondentDecember 26, 2024 The refinery's planned production increase will solve long-standing problems with Nigeria's energy...
EconomyTop StoriesFitch upgrades Nigeria’s outlook from stable to positiveGBO CorrespondentMay 9, 2024 GBO CorrespondentMay 9, 2024 Nigeria and Egypt’s economic fortunes have dimmed in the last few months...
Banking and FinanceTop StoriesKPMG report shows significant decrease in Nigerian ATM usage in 2023GBO CorrespondentJanuary 16, 2024 GBO CorrespondentJanuary 16, 2024 KPMG report claims that because cash is frequently unavailable at many ATMs,...
EconomyTop StoriesKPMG predicts 30% inflation for Nigeria by year-endGBO CorrespondentNovember 17, 2023 GBO CorrespondentNovember 17, 2023 The removal of foreign exchange controls and a fuel subsidy by Nigeria's...
EconomyTop StoriesNigeria faces 18-year high inflation due to President Bola Tinubu’s reformsGBO CorrespondentSeptember 22, 2023September 21, 2023 GBO CorrespondentSeptember 22, 2023September 21, 2023 Because of Nigeria President Bola Tinubu's decision to allow the naira to...
FinanceTop StoriesAirtel Africa to Nestle SA: Big companies face losses worth USD 385 million in NigeriaGBO CorrespondentAugust 8, 2023August 7, 2023 GBO CorrespondentAugust 8, 2023August 7, 2023 According to Cadbury Nigeria Plc, the devaluation has also increased the cost...
EconomyTop StoriesAfrica adopts decades-old ‘sachetisation’ business methodGBO CorrespondentJune 3, 2022June 3, 2022 GBO CorrespondentJune 3, 2022June 3, 2022 Economic instability and falling purchasing power has forced businesses to rethink strategies....